MoF amended the notification related to the rate of exchange of foreign currency to Indian Rupees

Jun 08, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Ministry of Finance (MoF) on June 08, 2023, issued a Press Release regarding the amendment to the older notification No. 39/2022- Customs N.T.), dated June 01, 2023, related to the rate of exchange of foreign currency to Indian Rupees.

This shall come into effect from June 09, 2023

The following has been stated namely: -

• In the SCHEDULE-I of the said Notification, for serial No.18 and the entries relating thereto, the following shall be substituted, namely: -

18. Turkish Lira - 3.65 (For Imported Goods) and 3.45 (For Export Goods)

 

[Notification No. 41/2023 – Customs (N.T.)]

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